BIR Ruling No. 536-2020

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Quezon City

Certificate of Tax Exemption No.

DT-0536-2020

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

August 09, 2017, entered into by and between: This certifies that the donation under the Deed of Absolute Donation dated

ROLANDO P. CAYLO Name of Donor TIN Centro, Barangay Buanoy, Balamban, Cebu 6041 Address

in favor of:

MUNICIPALITY OF BALAMBAN, BARANGAY BUANOY Name of Donee CEBU TIN Barangay Hall, Barangay Buanoy, Balamban, Cebu Address

covering the following property:

Transfer Certificate of Title (TCT) No. Total Area (sq. m.) Area Donated (sq. m.) Location

14,313 1,040 Barangay Buanoy, Balamban, Cebu Municipality of

being a gift in favor of a political subdivision of the Government, is exempt from the payment of the donor's tax pursuant to Section 101 (A) (2)' of the National Internal Revenue Code of 1997, as amended.

conveyances of realties not in connection with a sale, to trustees or other persons without Documentary Stamp Tax Regulations, implementing Title VII of the Tax Code, provides that consideration are not taxable. Accordingly, the Deed of Absolute Donation is likewise not subject to the documentary stamp tax (DST) prescribed under Section 196 of the National Internal Revenue Code of 1997, as amended, but only to the DST of P15.002 imposed under Section 188 of the same Code. Moreover, Section 185 of Regulations No. 26, otherwise known as the Revised

documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. This Certificate of Tax Exemption is being issued on the basis of the facts and

Issued this day of SEP 2 3 2020

imaar

k-I Commissioner of Internal Revenue CAESAR R.DULAY 036756

Now Section 101 (A)(1) of the National Internal Revenue Code of 1997, as amended by Republic Act (RA) No. 10963 Od ST rate of P15.00 is usedsince the donation took place prior to the effectivity of RA No.10963.